According to reports, Evergreen Shipping recently officially distributed year-end bonuses to employees. The bonus amount is not 10 or 20 months as the outside world guessed, but 40 months!
This is not envy, but crazy! The global container ship freight rate is soaring, and the "salary" of the shipping industry is at its highest point. Evergreen Shipping will earn more than 200 billion NT dollars (about 46.068 billion yuan) this year. The year-end bonus was officially entered into the account. When many employees saw the account in the morning, their first reaction was "I've never seen so much money before."
The epidemic has knocked down many industries, but the shipping industry is definitely a special case among the special cases. It has turned around since the fourth quarter of last year. Recently, due to a series of congested ports, the soaring shipping costs remain high. Revenues continue to be strong. Although new ships will be launched in the next three years, it is expected that the shipping market will be "still very good" by 2023.
Taking Evergreen Shipping as an example, the after-tax profit in the first three quarters has reached NT$158.279 billion (about RMB 36.458 billion). In the fourth quarter, there is no sign of a fall in freight rates. It is not a problem to earn NT$200 billion for the whole year. Compared with last year's NT$24.3 billion revenue, it earned "one more zero". Last year, Evergreen generously distributed 10-month year-end bonuses. How much they paid has long been the focus of all circles.
Evergreen Shipping has always paid out bonuses on the working day before New Year’s Day. Many employees waited for the year-end bonus to be credited to the account. When they saw the final amount of the year-end bonus in the account early in the morning, they asked "Is it wrong?" Calculated in Taiwan dollars (approximately 13,800 RMB), more than 2 million NT dollars (approximately 460,000 RMB) were earned in one breath, and I shouted "Oh my god! I have never seen so much money in one time", which is beyond description. .
The sea freight price continues to be high, which hurts the traders!
In 2021, my country's foreign trade import and export will maintain growth, and the continued high-fever shipping price will bring huge dividends to shipping companies, but at the same time it will also bring considerable pressure to foreign trade companies.
According to reports, Although soaring freight rates have brought huge profits to container shipping companies such as Maersk Group and COSCO Shipping Holdings, importers are also facing higher costs that are more difficult to digest. Some companies are raising retail prices, exacerbating central banks concerns about inflationary pressures, while supply bottlenecks caused by the epidemic are also hampering economic activity.
According to Bloomberg , before the outbreak, most shipping analysts would never have imagined that each container on the route from Asia to the United States would charge US$10,000. Between 2011 and March 2020, the average cost of shipping from Shanghai to Los Angeles was just under $1,800 per container, according to Drewry.
In July 2021, the sea freight from China to Mediterranean has risen to 12,400 US dollars, and exceeded 13,000 US dollars in August. Before the epidemic, the price was only around 2,000 US dollars, which is equivalent to a 6-fold increase. In addition to the substantial increase in the cost of , what is even more difficult is that it is not only expensive but also difficult to book space and containers. Unimaginable. For textile and clothing products with seasonal characteristics, the impact of goods not being shipped out is even more serious. Meng Zhuo, manager of of Anhui Garment Import and Export Co., Ltd., told reporters that bulk orders for autumn and winter clothing will be placed as much as possible It was shipped out before the end of August to catch up with the launch in North America in early October. However, it was hard to overcome challenges such as high costs and the epidemic to complete the order in time. If it cannot be shipped out, once the season is over, no matter how good the customer is These goods are gone.
Sea freight has become a roadblock to the recovery of foreign trade.
Freight is rarely paid attention to by buyers and sellers in the process of textile trade. In the case of no air freight, this part of the cost is almost negligible. Before 2020, the The price of a container shipped to the UK is 2,500 US dollars, and now the quotation is 14,000 US dollars, has increased by more than 5 times. It is difficult for any trader to ignore this part of the cost. The freight rate is so skyrocketing that people engaged in textile foreign trade also Deeply suffering from it, he sighed, "Ten years in the industry,Never seen such a high price! This business can't be done! "
sea freight has become a stumbling block to the recovery of foreign trade. It is understood that textile export enterprises are facing three major difficulties in 21 years: sea freight soaring, exchange rate rising and commodity prices continue to rise. "Sea freight soaring is because The outbreak of foreign epidemics, especially in India, has greatly affected the global supply chain. The upward push of the supply chain will affect the imbalance of global shipping, leading to a surge in freight rates on domestic ocean routes. However, due to the epidemic situation in other countries, there may be a lot of containers piled up in the port, which can be shipped quickly, so their sea freight is relatively low. "For example, the industry person said that the freight of a container container rose from 5,000 US dollars to 10,000 US dollars, while the entire container may only be worth 30,000 US dollars, and the freight accounted for more than a quarter." This has led to some relatively low profit margins. The competitiveness of products is no longer competitive compared with products from other countries, so there is no need to export, because exporting will lose money.” At present, it is understood that many foreign trade companies have received customers who have stopped delivering goods due to high shipping costs The news, and the future trend, the cost is still rising, and the profit is squeezed again and again!
At the end of the year, the textile foreign trade market became loose, and the orders received in the early stage were tepid, and the improvement was not great. Recently, there was news of improvement, and the order began Increase. However, the sea freight at today’s price will invisibly increase the cost pressure on foreign trade textile enterprises, so they have to raise their quotations, but it is also easy to lose orders due to high prices.
Source| network
